Intel, IBM share losses contribute to Dow's 150-point drop

Dragged down by losses for shares of Intel and IBM, the Dow Jones Industrial Average is declining Monday morning. Shares of Intel INTC, -3.40% and IBM IBM, -2.75% have contributed to the index’s intraday decline, as the Dow DJIA, -0.18% was most recently trading 159 points lower (-0.5%). Intel’s shares have fallen $2.03, or 4.3%, while those of IBM are off $3.83, or 3.0%, combining for a roughly 39-point drag on the Dow. Other components contributing significantly to the decline include Dow Inc. DOW, -2.07%, Cisco CSCO, -1.99%, and Coca-Cola KO, -1.96%. A $1 move in any one of the 30 components of the index results in a 6.58-point swing.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.